Today, the SNP Westminster Group published an independent report on the impact of changes to pension arrangements for women born in the 1950s from the 2011 Act.
The Pensions Act 2011 accelerated the timetable for increases in women’s State Pension Age (SPA) in the UK. Women’s SPA will rise from 63 to 65 between April 2016 and November 2018, and from 65 to 66 by October 2020.
Around 3,900 women in Inverclyde affected by these changes.
The Scottish National Party has commissioned Landman Economics to undertake an analysis of the costs and distributional impacts of a number of potential changes to pension arrangements for women born in the 1950s who will lose out from these changes.
The UK Government have ducked their responsibility to the WASPI women for too long. It’s time for action to be taken to support the women of Inverclyde and Scotland as a whole.
It is utterly shameful, that it is up-to the SNP to roll up our sleeves while the Tories recklessly abandon their obligations to pensioners.
It’s hoped that this report will be welcomed by the UK Government and now, at last, they end this inequality.